Construction firms’ turnover grow 4.2% in Nov

Adjusted for working days, turnover of construction enterprises in November 2019 grew by 4.2 per cent from one year back, according to Statistics Finland.

Measured by sales volume, the annual growth in construction was 0.8 per cent. Among the industries, development was the weakest in civil engineering, where turnover clearly fell for the second consecutive month. Building construction developed most favourably with an annual growth of 7.4 per cent.

Building construction was the only industry where the sales volume grew compared to the previous year – by 3.5 per cent.

Turnover in civil engineering fell by 4.5 per cent from one year back and sales volume weakened by 1.3 per cent.

The turnover of specialised construction activities increased by 3.4 per cent from one year back, while, however, the sales volume decreased by 0.5 per cent.